Price for Lignite; Agglomerated, Excluding Jet in Kenya - 2022
Contents:
- Price for Lignite; Agglomerated, Excluding Jet in Kenya (CIF) - 2022
- Imports of Lignite; Agglomerated, Excluding Jet in Kenya
Price for Lignite; Agglomerated, Excluding Jet in Kenya (CIF) - 2022
In 2022, the average lignite; agglomerated, excluding jet import price amounted to $1,939 per ton, with an increase of 6.5% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 90%. Over the period under review, average import prices hit record highs at $3,884 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,216 per ton), while the price for Tanzania stood at $266 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (-1.2%).
Imports of Lignite; Agglomerated, Excluding Jet in Kenya
In 2022, supplies from abroad of lignite; agglomerated, excluding jets increased by 28% to 1.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt descent.
In value terms, lignite; agglomerated, excluding jet imports soared to $3.3K in 2022. Overall, imports, however, faced a precipitous curtailment.
Import of Lignite; Agglomerated, Excluding Jet in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.2 | 4.2 | 2.4 | 3.2 | -23.7% |
Tanzania | N/A | N/A | N/A | 0.1 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 7.2 | 4.2 | 2.4 | 3.3 | -22.9% |
Top Suppliers of Lignite; Agglomerated, Excluding Jet to Kenya in 2022:
- United States (1459.0 kg)
- Tanzania (241.0 kg)
This report provides an in-depth analysis of the lignite market in Kenya.
This report provides an in-depth analysis of the coal market in Kenya.
This report provides an in-depth analysis of the global lignite market.
This report provides an in-depth analysis of the global coal market.
This report provides an in-depth analysis of the lignite market in Kenya.
This report provides an in-depth analysis of the global lignite market.
Lignite, also known as brown coal, is a low-grade coal that is predominantly used as a source of energy. With its high moisture content and low energy density, lignite is primarily utilized in power generation and industrial processes. In recent years, the global demand for lignite has been on the rise due to its cost-effectiveness and widespread availability. As a result, several countries have emerged as key import markets for lignite. China holds the top spot as the world's largest importer of lignite, followed by Serbia, Slovenia, Uzbekistan, and Slovakia. These countries heavily rely on lignite for various purposes such as power generation and industrial processes. The growing demand for lignite in these markets reinforces its position as an important source of energy and strengthens their energy security.
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In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources and stricter environmental regulations, are pushing the coal energy sector into stagnation. In the medium term, only the metallurgical industry is set to see a stable demand for coal.
The global coal trade amounted to X million USD in 2015, fluctuating mildly over the period under review, with a consistent downward trend in the last four years. A slight drop in 2009 was followed by brief recovery over the next two years, until
Lignite, also known as brown coal, is a low-grade coal that is predominantly used as a source of energy. With its high moisture content and low energy density, lignite is primarily utilized in power generation and industrial processes. In recent years, the global demand for lignite has been on the rise due to its cost-effectiveness and widespread availability. As a result, several countries have emerged as key import markets for lignite. China holds the top spot as the world's largest importer of lignite, followed by Serbia, Slovenia, Uzbekistan, and Slovakia. These countries heavily rely on lignite for various purposes such as power generation and industrial processes. The growing demand for lignite in these markets reinforces its position as an important source of energy and strengthens their energy security.